Holiday and second home owners will receive multiple $300 energy bill credits, after the Albanese government says automatically applying the discount to all households was the “simplest” way to deliver its $3.5 billion subsidy.
The revelation means that an estimated half a million home owners who reside over more than one property could receive $600 or more in discounts off their power bills from the federal government.
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com